Solar Energy Financing West New York NJ

Local resource for solar energy financing in West New York, NJ. Includes detailed information on solar power, energy efficiency projects, and solar energy financing as well as advice and content on utility-supplied power and solar energy system.

New York Solar Energy Society, Inc.
(917) 974-4606
5270 Sycamore Avenue
Bronx, NY
Efficiency Contractor
(212) 414-9690
450 Fashion Ave
New York, NY
Leader Electric Co Inc
(212) 665-0600
410 West 127th st
New York, NY
Full service electrical contractors

Advanced Energy & Lighting Inc
(212) 674-2686
799 Broadway
New York, NY
Energy Consulting Svcs Inc
(718) 963-2556
351 Kent Ave
Brooklyn, NY
Committee For Environmentally Sound Development Inc
(212) 877-4394
305 W 72nd St
New York, NY
Aegis Energy Advisors Corp
(212) 245-2552
152 W 57th St
New York, NY
Alliance Energy Inc
(212) 687-9267
230 Park Ave
New York, NY
Bright Power Inc
(212) 803-5868
11 Hanover Sq Fl 15
New York, NY
Webster Energy
(718) 828-3234
1108 Zerega Ave
Bronx, NY

Solar Financing, Subsidies and Incentives

Countries around the world offer incentives and tax breaks for investment in solar and renewable energies. This makes sense for a number of reasons.

It's a little-known fact that governments subsidize the petroleum industry. In the U.S., for example (according to sources), between 5 and 10 billion dollars a year of taxpayers' money goes to the petroleum industry. Less than 500 million a year goes to renewables.

Around the world, fossil fuels are more expensive. Governments recognize the finitude of oil reserves and their damage to the environment. They encourage consumers to switch to renewable energies that tap into free sources and do far less harm to the environment.

For example, in 1994, the government of Japan introduced incentives for solar energy. This program has resulted in a 72 percent reduction in the average cost of solar energy systems, due to the expanded market availability and increased efficiency of distribution. Solar energy is now competitive in Japan, and the need for incentives is being reduced.

Germany is following in the footsteps of Japan, using incentives to encourage the use and popularity of solar, and it hopes to rely solely on renewable energy sometime in the next 15 to 20 years.

Be Sure to Apply
Before You Buy.

For Canadian residents, the Canadian Solar Energy Industry Association provides a list of government incentives .

In the USA

American incentive programs are increasing. California's Million Solar Roofs initiative is the latest (as of 2005) of a number of solar energy tax breaks being legislated in the US.

You can read about state and local incentives on the DSIRE database.

Here is a list of Federal initiatives from the database (taken from
Corporate Depreciation: Modified Accelerated Cost-Recovery System (MACRS)
Corporate Exemption: Residential Energy Conservation Subsidy Exclusion (Corporate)
Corporate Tax Credit: Renewable Electricity Production...

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